Quotes About Keynesianism

Things swept so badly that I had distrust - after 1967, let's say - of American Keynesianism. For better or worse, U.S. Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian.

Reagonomics - a blend of monetarism and fiscal Keynesianism swathed in classical liberal and supply-side rhetoric - is in no way going to solve the problem of inflationary depression or of the business cycle.

Whatever radical wagers we choose to make in the face of capitalism, liberalism, and their occasional fascist and totalitarian guises, there is a very real possibility that we make them in vain. There is no certain victory, even in the longest run or the latest instance—or if there is, it is presently unimaginable. No matter how long and hard the path, it may still end in disaster. This only seems to make Keynesianism more sensible than ever.

Military Keynesianism means the economy gets a sudden juice-boost of wildly unaccountable new defense spending. And here's the kicker: It requires that we keep up sustained, prolonged and relentless military ambition in order for the economy not to suck backward into itself and collapse like a Superdome-size water blister. It's the economic plan endorsed by Germany in the 1930s and under former GE spokesman Ronald Reagan in the 1980s. Once

Keynesianism, if you add its flexible, muscular form during the Depression to its more rigid postwar version, lasted forty-five years. Our own Globalization, with its technocratic and technological determinism and market idolatry, had thirty years. And now it, too, is dead.